SYNCHRONOSS TECHNOLOGIES, INC SNCR Cash Flow

Synchronoss technologies, inc (SNCR)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11
Operating activities:
Net loss continuing operations
-	-	-	-	-	-119,395	-46,644	-41,264	-37,977	-80,958	-45,206	-22,608	-45,452	-38,334	-10,092	-14,293	-31,150	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from discontinued operations, net of taxes
-	-	-	-	-	-	-	-	-	-	8,842	-6,775	-16,134	-	9,307	18,985	-1,186	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss continuing operations
-3,350	-	-	-	-19,737	-	-	-	-	-	-	-	-	-	-	-	-	-	9,645	15,154	10,561	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,326	8,365	7,584	-	3,590	3,412	476	3,449	6,202	11,949	5,483	8,208	3,575	3,204	139
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization
11,357	18,116	18,509	20,269	20,143	26,762	23,658	23,400	23,272	22,826	23,459	23,552	24,087	24,444	23,592	24,093	22,782	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	19,754	16,632	14,835	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16,268	13,758	12,266	12,334	10,213	9,610	8,969	6,613	6,066	5,962	5,171	3,710	3,949	3,722	3,358
Change in fair value of financial instruments
-	-	-	-	-	-	0	0	-3,849	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of debt issuance costs
0	13	35	82	155	234	354	353	353	248	9,376	1,277	1,870	410	447	375	375	376	375	375	375	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Gain) loss on extinguishment of debt
0	0	5	430	387	1,760	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued PIK interest
-	-	-	-	-	0	0	3,590	3,447	3,285	3,162	2,891	2,752	34	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss (earnings) from Equity method investments
0	0	0	-376	-1,243	-28,671	283	-7	-205	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings from equity method investments
-	-	-	-	-	-	-	-	-	-	-	-	748	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Gain) loss on Disposals of fixed assets
-	-	-	-	-	-	-	-	-	0	0	0	4,947	52	138	-68	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued operations non-cash and working capital adjustments
-	-	-	-	-	-	-	-	-	-19,730	9,099	33,095	26,183	-	-	-	1,295	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Gain) loss on Disposals of intangible assets
1,843	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of bond premium
0	0	0	2	-36	32	31	27	17	25	42	86	91	202	460	381	373	444	505	282	474	121	97	92	74	69	76	63	86	216	335	333	332	296	192	114	20
Deferred income taxes
-10	382	677	-177	-525	-10,702	-425	-1,414	191	28,180	4,367	-18,423	5,119	29,949	-6,434	-6,320	-47	11,319	-13,837	2,798	-733	5,614	-4,535	-984	3,112	-1,826	4,538	-1,019	-118	1,443	-406	-1,557	1,995	2,278	-1,345	-1,134	-441
Non-cash interest on leased facility
-	-	-	-	-	-	-	272	275	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash interest on leased facility
-	-	-	-	-	-	-	-	-	-	-	264	269	-	305	229	229	230	230	231	233	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash interest on leased facility
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	230	230	230	229	233	229	231	230	230	230	230	230	229	229
Stock-based compensation
5,186	5,254	6,005	5,473	5,555	5,564	7,216	7,640	7,184	8,068	3,678	2,637	8,112	10,145	8,555	7,688	7,790	10,170	8,147	6,502	6,585	8,517	7,788	6,840	5,842	6,901	7,273	6,130	4,910	6,038	4,637	4,539	5,211	5,878	6,120	4,580	5,473
Contingent consideration obligation
-	-	-	-	-	-	-	-	-	-	-	-	-2	-572	-1,349	3,110	5	1,517	0	0	-1,532	651	754	516	1,611	-7,938	-948	2,431	241	-	-	-	-	-	-	-	-
Excess tax benefit from the exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,981	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in operating assets and liabilities:
Accounts receivable, net
6,961	-7,711	-310	-9,011	6,141	50,310	545	6,819	-36,153	-5,254	-23,406	8,697	-9,320	-48,459	35,796	3,403	22,910	-20,668	20,684	-2,387	22,145	10,129	18,989	-7,129	28,935	-23,881	14,699	4,534	-5,519	4,878	4,568	851	1,314	9,118	-1,279	4,058	7,512
Prepaid expenses and other current assets
6,240	15,843	-16,417	-13,363	-4,272	-7,529	-571	22,817	-9,402	-23,630	14,274	-6,186	21,055	-4,371	-2,424	-4,659	-20,194	17,077	-12,769	10,372	-5,623	10,226	521	4,729	-816	-6,366	-849	3,692	-4,499	-1,107	-4,178	-483	-2,361	2,779	-4,051	2,839	-2,164
Other assets
-198	256	76	-2,284	242	-26	313	-550	-710	-469	-417	-7,276	4,925	-4,294	-1,987	-1,642	-957	3,081	388	-161	443	-874	3,737	-468	-465	652	6,280	60	384	374	-48	39	131	323	-42	11	57
Accounts payable
7,515	6,264	-2,536	-933	6,084	-1,349	86	-537	8,646	-6,804	7,553	-20,929	11,082	-4,410	-5,730	-8,266	8,317	-7,869	-2,763	2,763	106	-4,162	10,551	1,168	-3,388	-2,332	-684	6,003	-2,639	750	1,852	-2,095	-2,422	1,042	-1,663	97	868
Accrued expenses
1	11,533	151	1,211	-10,780	6,471	146	-13,812	-10,873	11,826	1,971	75	-18,821	12,695	-9,456	-9,276	-1,486	-11,207	1,550	21,248	-12,301	17,972	8,525	-1,352	-8,743	4,797	-3,294	2,468	-11,126	4,326	2,616	1,270	-6,928	4,378	3,995	3,388	-4,410
Contingent consideration obligation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-5,496	-3,307	-	698	-1,386	3,328
Excess tax benefit from the exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-470	839	385	-	-	-	-	328	1,728	4,595	269	-3,760	1,255	2,076	4,004
Other liabilities
-415	-626	-1,910	-1,456	-370	-789	-4,518	769	-137	-3,931	625	8	-39	20,353	2,043	-21,292	-7,662	2,266	34	71	-243	4,597	76	-97	1,249	-1,383	552	-736	1,247	-351	-228	-42	124	98	-239	-30	-12
Deferred revenues
-20,454	-273	-15,416	-8,249	-4,918	33,370	12,947	-4,274	-39,514	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenues
-	-	-	-	-	-	-	-	-	-	-	-1,604	16,143	-	-1,364	31,689	25,482	20,687	-1,272	2,431	451	-194	-765	44	-3,204	-6,660	-322	-2,243	3,325	2,656	-1,149	-647	89	-2,308	-4,371	2,144	7,541
Net cash used in operating activities
-15,016	20,744	-6,725	24,248	-5,684	29,293	10,719	-61,992	-9,389	-17,155	19,208	-7,702	-12,599	72,413	-20,910	29,698	23,358	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	62,644	-135	-	25,799	30,609	-11,406	47,682	78	18,098	15,234	21,115	18,476	9,658	6,625	14,699	15,258	5,944	6,684
Investing activities:
Purchases of fixed assets
249	1,106	2,137	2,313	2,627	3,091	4,745	2,727	1,093	1,836	5,080	833	4,402	9,193	14,772	8,602	10,003	4,205	18,514	10,730	24,217	49,089	9,124	7,628	8,044	18,218	17,488	26,764	10,964	7,857	3,514	16,990	4,873	2,690	4,686	4,135	3,221
Purchases of intangible assets and capitalized software
4,428	3,719	3,330	3,255	2,704	3,360	2,811	1,154	7,047	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from the sale of intangibles
1,843	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of marketable securities available for sale
0	4,042	10,161	26,264	11,278	21,005	2,401	6,707	6,676	0	0	0	219	604	1,249	2,994	8,598	33,752	33,802	28,467	43,548	22,618	23,587	2,826	1,244	1,663	3,207	3,483	13	64	69	10,284	2,729	46,341	8,705	19,676	7,376
Maturity of marketable securities available for sale
11	5,090	53,603	1,984	26,207	1,815	1,080	520	1,450	1,515	3,665	3,216	3,975	5,925	56,412	8,002	12,565	30,840	22,995	12,090	40,285	7,275	1,110	565	315	-	4,244	4,600	4,791	58,803	7,928	4,121	3,482	3,589	1,736	1,646	288
Purchases of intangible assets and capitalized software
-	-	-	-	-	-	-	-	-	-	-	-	2,409	-	-	2,703	1,346	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from the sale of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	13,500	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investing in discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	2,704	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Business acquired, net of cash
-	-	-	-	-	-	-	-	-	0	0	0	815,008	-160	0	0	86,482	17,910	24,111	0	59,481	-	-	-	-	-	-	-	-	78,605	105	26,453	14	47,839	90	4,923	2,900
Net cash (used in) provided by investing activities
-2,823	1,652	37,975	-29,848	9,598	-25,237	-8,813	-19,866	-13,366	924,287	-8,179	-10,596	-807,267	21,695	38,691	-6,297	-93,864	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-27,107	-86,961	-	-63,364	-16,211	-8,973	-25,368	-16,451	-25,647	-6,186	-27,723	4,240	-49,606	-4,134	-93,082	-11,745	-27,088	-13,209
Financing activities:
Share-based compensation-related proceeds, net of taxes paid on withholding shares
-	-	-	-	-	-	-	-	263	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from the exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,184	4,924	6,430	5,398	9,276	12,857	4,597	3,273	1,701	6,865	4,418	6,212	619	2,418	1,348	3,564	3,544	3,136	4,221	6,806
Taxes paid on withholding shares
4	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on contingent consideration obligation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	4,468	-	-	-	-	-	-	-	-	0	0	1,693	575	-	-	-	-
Share-based compensation-related proceeds, net of taxes paid on withholding shares
-	-	-	-	-	-	-	-	-	-	-	-	2,406	-	-	3,190	1,755	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of long-term debt
-	-	-	-	-	-	-	-	-	-	0	0	900,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Retirement of Convertible Senior Notes & related costs
0	13	47,106	49,781	16,106	113,696	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Borrowings on revolving line of credit
10,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Borrowings on revolving line of credit
-	-	-	-	-	-	-	-	-	-	-	-	0	-	94,000	0	50,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of revolving line of credit
-	-	-	-	-	-	-	-	-	0	0	0	29,000	9,000	103,000	3,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax benefits from stock option exercises
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-470	839	385	-	-	-	-	328	1,728	4,595	269	-3,759	1,255	2,076	4,004
Excess tax benefit from the exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,981	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase of common stock
-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	23,444	16,581	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from the sale of treasury stock in connection with an employee stock purchase plan
-	-	-	-	-	-	-	-	-	0	0	0	1,047	0	1,228	0	955	0	927	0	975	0	937	0	740	0	804	0	670	-	-	-	-	-	-	-	-
Proceeds from issuance of preferred stock
-	-	-	-	-	0	0	0	86,220	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred dividend payment
0	0	0	0	7,075	7,075	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on capital obligations
0	275	313	332	280	316	300	349	369	741	885	695	664	882	1,449	1,231	253	249	1,208	273	291	386	511	294	324	361	326	150	760	265	270	256	224	224	225	233	263
Net cash provided by (used in) financing activities
9,996	-264	-47,419	-50,113	-23,461	-121,087	-300	-612	86,114	-862,662	-20,321	-2,891	850,210	-5,631	-6,130	-24,485	35,876	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rate changes on cash
-252	-	-	-	-19	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rate changes on cash
-	-	-	-	-	-	-	-3,002	2,253	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net decrease in cash and cash equivalents
-8,095	19,787	-15,396	-55,684	-19,566	-116,955	550	-85,472	65,612	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	29,324	-	12,291	-2,056	-34,788	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Supplemental disclosures of cash flow information:
Cash paid for interest
-	-	-	-	-	-	-	-	-	-	-	-	1,488	-	727	1,428	1,780	5,816	10,395	13,311	346	5,190	3,877	9,558	717	642	84	710	337	174	1,586	1,444	192	41	406	2,727	426
Cash paid for interest
-	-	-	-	-	-	-	-	-	-	-	-	1,379	-	281	-178	1,533	1,873	3,220	-355	1,053	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Supplemental disclosures of non-cash investing and financing activities:
Paid in kind dividends on Series A Convertible Participating Perpetual Preferred Stock
8,623	-	7,075	257	7,075	-	-1	6,828	3,353	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total cash, cash equivalents and restricted cash
Net cash provided by (used in) financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-12,668	3,595	-	236,252	5,142	4,074	2,482	7,236	4,268	6,122	-10,073	-5,599	221	3,034	-686	-8,037	-10,018	10,547
Effect of exchange rate changes on cash
-	-	-	-	-	-	-	-	-	-	-	-	-1,020	-	640	-972	-158	-2,919	1,851	697	21	-36	-4	129	64	1,629	20	-1,631	-82	-27	538	-290	143	-112	-273	-5	186
Net increase (decrease) in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-32,701	23,566	-83,480	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net decrease in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-16,241	-	-9,117	-4,912	15,088	-16,708	17,655	-40,017	5,668	-79,181	-4,797	-31,167	4,208